Legend Oil and Gas, Ltd. (OTCMKTS:LOGL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02

Departure of Directors or Certain Officer; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On November 25, 2016, Neal Kaufman, age 48, joined the Companys
Board of Directors.

Neal is a founding member of Hillair Capital, our majority
shareholder. He has over fifteen years of operating experience
with large and small publicly traded companies and also has
significant experience supporting financing activities. Neal
opened the West Coast operations for Ardour Capital Investments,
LLC, an investment bank wholly focused on the clean technology
sector and prior to that, served as the Chief Executive Officer
of TieTek. Neal held various senior management positions at 3Com
Corporation, and also worked for the Internet arm of NBC
Television. He began his career at McKinsey Co., working in the
U.S., Europe and South America. Neal has an AB in economics magna
cum laude from Harvard College, a MA from Stanford University and
a MBA from Harvard Business School where he was a Baker Scholar.
Mr. Kaufmans pertinent experience, qualifications, attributes,
and skills include expertise in finance, strategy, and
operations.

Neal is a director of SG Blocks, Inc.

On November 29, 2016, Andrew Reckles resigned as Chief Executive
Officer, Chairman of the Board of Directors and a member of the
Board of Directors of the Company.

On November 29, 2016, Warren S. Binderman, President and Chief
Financial Officer of the Company, was appointed to the additional
role as Interim Chief Executive Officer of the Company.

On November 29, 2016, Alais Griffin, an outside director of the
Company, assumed the role of interim Board Chair.

About Legend Oil and Gas, Ltd. (OTCMKTS:LOGL)

Legend Oil and Gas, Ltd. is a crude oil hauling and trucking company. The Company has principal operations in the Bakken region of North Dakota. The Company’s segments include Corporate, Trucking and Services. The Company holds interests in Black Diamond Energy Holdings, LLC (Maxxon). Maxxon is a trucking and oil and gas services company that operates in North Dakota. The Company performs hauling services for institutional drilling and exploration companies, as well as crude oil marketers. The Company offers hauling operations in the Bakken in North Dakota, as well as in Colorado. The Company intends to serve the Permian basin of Texas. The Company held interests in oil and gas properties located in the United States.

Legend Oil and Gas, Ltd. (OTCMKTS:LOGL) Recent Trading Information

Legend Oil and Gas, Ltd. (OTCMKTS:LOGL) closed its last trading session 00.00000 at 0.00050 with 21,210 shares trading hands.